Ghaziabad Authority (GDA) Kaushambi Mini HIG Housing Scheme – 2013

Ghaziabad Development Authority (GDA) has launched Kaushambi Mini HIG Housing Scheme and LIG Govindpuram (K Home) Scheme on the occasion of New Year – 2013. The LIG Scheme is meant for Economically Weaker Section (EWS) while Mini HIG is open to all.

GDA Scheme: Why you should Apply?

The scheme is from GDA, so you can be positive that the land and flat would be free of litigation and built as per GDA building laws.

The Kaushambi Flats are double storied. Newer flats are generally multi-storied. So if you like low rise this is for you.

GDA Scheme: Why you should not Apply?

The Kaushambi Flats have area of 1050 – 1150 sq. feet. So per sq. ft. rate comes to Rs 6,170 for first floor and Rs 8,900 for ground floor. The prevailing rates in Kaushambi is in the range of Rs 4,500 to Rs 5,500 per sq. ft. So it is very expensive.

There are lot of reservations – almost 65% to 70% of flats are for different reserved category applicants. So general can apply for only 7-8 flats. So even you are interested in these flats it might be hard to get them.

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Disclaimer

The website is not affiliated to any company, agent or brokers for selling/ recommending investments. All the information in the blog is for educational and informational purpose only. Please consult a qualified financial planner and do your own due diligence before making any investment decision.